Bloomberg News

Rand Reverses Advance Against Dollar, Trades at 8.0585

October 06, 2011

Oct. 6 (Bloomberg) -- The rand reversed an earlier advance against the dollar.

South Africa’s currency depreciated 0.5 percent to 8.0585 per dollar by 2:06 p.m. in Johannesburg, erasing an advance of as much as 1.8 percent to 7.8762 earlier.

To contact the editor responsible for this story: Ana Monteiro at

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